In 2016, Fortune India released its Most Powerful Women in Business list, recognising trailblazing leaders. Topping the list was Arundhati Bhattacharya, then SBI Chairperson, followed by Chanda Kochhar, MD & CEO of ICICI Bank, and Shikha Sharma, MD & CEO of Axis Bank. Legal stalwart Zia Mody secured the fourth spot, reflecting the dominance of finance and law.